By JENNIFER PELTZAssociated Press
NEW YORK (AP) - New York's mayor has made no secret of going after a digital grail: rivaling Silicon Valley as a high-tech hub.
The city isn't there, at least not yet, but it can point to a series of promising signs. Tech titans including Google and
By The Associated Press
A report out Friday says startup investments totaled $6.49 billion in the third quarter. Here's a breakdown by sector:
Business Products and Services, $20,021,900
Computers and Peripherals, $230,774,900
Consumer Products and Services, $
By BARBARA ORTUTAYAP Technology Writer
NEW YORK (AP) - Funding for startups declined 12 percent in the July-September period as venture capitalists spent less money on fewer deals, according to a new report. Companies in the early stages of funding saw declines as investors stayed cautious and
By ANICK JESDANUNAP Technology Writer
NEW YORK (AP) - A Barry Diller-backed company called Aereo is broadening availability of its service even as broadcasters challenge the legality of the startup's live television transmissions over the Internet.
Aereo is still limited to residents of New
NEW YORK (AP) - Ruckus Wireless Inc., which makes equipment for and builds big Wi-Fi networks, on Friday filed for an initial public offering worth up to $100 million.
The Sunnyvale, Calif., company's biggest customers are phone companies, who want Wi-Fi hotspots that can offload traffic from
PALO ALTO, Calif. (AP) - Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion.
The deal announced Monday will expand VMware's product line in the rapidly growing field of computer "virtualization." The term refers to software that lowers the
By CHARLES BABINGTON and STEVE PEOPLESAssociated Press
CINCINNATI (AP) - Using unusually vivid language, Mitt Romney tried to take the political offensive against President Barack Obama on Monday, accusing Obama of cronyism that "stinks" in steering federal contracts to supporters. He also
NEW YORK (AP) - Shares of Groupon Inc. took a hit on Monday after an analyst lowered his target price on the stock to reflect higher marketing expenses over the next few quarters. In addition, Groupon's co-founder and chairman, Eric Lefkofsky, said he is scaling back his
By MICHAEL LIEDTKEAP Technology Writer
SAN FRANCISCO (AP) - Microsoft is buying Internet startup Yammer for $1.2 billion in an attempt to bring Facebook-like sharing features to its widely used suite of business software applications.
Yammer specializes in
By RYAN NAKASHIMAAP Business Writer
LOS ANGELES (AP) - Songza, a new online radio service, leapfrogged Pandora as the most popular free music app for Apple devices last week. But it immediately faces a struggle to survive in a business saddled with high royalty rates for artists